Update on the privatisation of Humo payments system in Uzbekistan
Joint Stock Company Kaspi.kz (KSPI)
Company Research
Source: GlobeNewswire
ALMATY, Kazakhstan, Nov. 15, 2024 (GLOBE NEWSWIRE) -- In August 2024 we (“Kaspi.kz”) submitted a non-binding letter of interest to Uzbekistan’s State Assets Management Agency (“SAMA”), indicating our interest in participating in the privatisation of the National Interbank Processing Center (“Humo”). At this time, we are not proceeding further in the process. Uzbekistan’s economy is growing fast and its government is pursuing an attractive reform agenda. Kaspi.kz’s innovative digital products improve the everyday lives of consumers and merchants and we will continue to look for opportunities to play a part in Uzbekistan’s exciting digital transformation. Contacts David Fergusondavid.ferguson@kaspi.kz+44 7427 751 275 About Kaspi.kz Kaspi.kz’s mission is to improve people’s lives by developing innovative mobile products and services. To deliver upon this we operate a unique two-sided Super App model – Kaspi.kz Super App for consumers and Kaspi Pay Super App for merchants. Throug
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